ServiceTitan, a software platform for the trades, made its market debut (Nasdaq: TTAN) and has designed Dec. 12 as the annual “Day of the Trades,” launching “Power the Nation,” a national, ongoing campaign showcasing its customers' philanthropic work and community impact.
According to CNBC, the company "sold shares at $71 apiece on Wednesday, above the expected range. The stock opened and closed at exactly $101 per share."
Launched in tandem with the public offering, Power the Nation encourages ServiceTitan customers across the U.S. to select local nonprofits to provide a free critical service (HVAC installation, landscape renovation, etc.). The company intends to partner with customers in all 50 U.S. states, Canada and Australia. The movement is meant to celebrate its customers' philanthropic work and community impact.
The first four initiatives include:
- North by Northwest, a family-run, commercial landscaping business, executed a two-day landscaping makeover for Ronald McDonald House Charities of Central Texas, an Austin-based nonprofit aimed to provide comfort care, stability and resources for families navigating their child’s medical care away from home.
- Gulfshore Air Conditioning & Heating, a full-service HVAC company specializing in custom system design, installed multiple mini-split heating and cooling systems for Grace Rides, a local nonprofit dedicated to equine-assisted therapy.
- Astar Heating & Air, a heating, A/C, plumbing and indoor air quality services provider, installed new, high-efficiency boiler systems for ADAPT of the Hudson Valley, a nonprofit in New York State supporting adults with disabilities.
- AirWorks Solutions, LLC, provided 4 Kids 2 Kids, a local nonprofit organization that provides a safe haven for teens who have been victims of human trafficking, with new HVAC systems.
ServiceTitan’s customers who wish to partner with the company on a Power the Nation project can submit an idea for consideration here.
